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TPG s Rise Fund invests in renewable natural gas marketer Element

3 Min Read NEW YORK (Reuters) - The impact investing arm of TPG has bought a majority stake in Element Markets, which helps corporations achieve sustainability goals through securing renewable natural gas and advising them on credits and offsetting emissions. No financial details were disclosed in a joint statement by Element Markets and The Rise Fund, which was founded in 2016 by the San Francisco-based private equity firm and counts U2 front man Bono among its backers. Either through their own actions or under pressure from investors and activist groups, corporations are becoming increasingly attuned to environmental, social and governance (ESG) concerns, and are changing their behaviors accordingly, such as getting power from clean energy sources.

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